Tag: Dangote vs NNPCL

Dangote, Witches and Why We Need Yams, By Dare Babarinsa

ADEOLA YUSUF

  Dangote’s new battle is not going to end in a hurry.   In the months and years ahead, Nigerians and Africans would have a choice of buying refined petroleum products produced on our soil. In North and West Africa, only Libya and Algeria have functioning refineries. Nigeria, in the past 20 years, has expended enormous resources in trying to revive its four comatose refineries. In the last few years, Aliko Dangote and his team have finally built the Dangote Petroleum Refinery and Petrochemical Complex; the largest industrial project in…

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Reactions As Tinubu Orders NNPCL To Sell Crude To Dangote In Naira

Damilola Olanade

So, which magic will squeeze out the 450k barrels? Dangote had better looked elsewhere and not bank on this promise.” You actually want to read what energy journalists, analysts, and researchers said during reaction on Platforms Africa forum     President Bola Ahmed Tinubu, has ordered the Nigerian National Petroleum Company Limited (NNPCL) to sell crude to Dangote Refinery in Naira, an order that was immediately greeted by reactions. The Special Adviser to the President on Information and Publicity, Bayo Onanuga, revealed this in a post via his official X…

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NNPC’s Petrol Import From Malta Jumps 43 Times to $2.08bn

ADEOLA YUSUF

    Revelation came days after Aliko Dangote accused officials of NNPC of owning and running a blending plant in Malta, an accusation Mele kyari denied   Nigeria’s importation of petroleum from Malta has skyrocketed to 43 folds, amounting to $2.08 billion in 2023. A data sourced from Trade Map, a global database on international trade statistics, showed Nigeria imported petroleum oils and oils obtained from bituminous minerals worth $2.8 billion in 2023, a 342 percent increase from $47.5 million as of 2013. This revelation contained in a reoort by…

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